EURCAD H4Hello
You can see the EURCAD chart in the one-hour time frame
In my opinion, the best entry point is at the price of 1.46637, observing the loss limit of the specified area
CADEUR trade ideas
EURCADHello
You can see the EURCAD chart, which, according to the previous analysis, was able to touch the target beautifully and with minimal loss
5/3/24 - EURCAD BUYinitially took a counter-trend trade for sells on ECAD
chose to close and BE on this trade
got in a buy positiona fter the bullish push above the HOD/PHOD level
price did not activate my buy limit position.
i noticed $ supporting at a certain level so i manually entered in a buy and tp was hit about an hour later
EURCAD Buy IdeaOANDA:EURCAD is trending in upwards direction forming a series of Higher Highs and Higher Lows. Currently, It's retracing towards premium price levels of fib 50-75% where we can look for buying euro against canadian dollar.
EUR/CAD: A Short-Term Trading ScenarioEUR/CAD: A Short-Term Trading Scenario
Price broke out from a small structure indicating an increase in the bullish momentum.
4 hour chart is still dominated by a bullish trend rising the chances for further growth.
Be careful as the risk is high considering that the Economic calendar is empty and the market
may not move too much.
A decrease in the bullish momentum can result in the failure of the model.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
EURCAD long triggered off the 4H dzEURCAD long triggered off the 4H dz
I went long on EURCAD off this 4H demand zone
1/3 rr as usual for swing trade
OR
W supply can be targeted
EURCAD BULLS ARE BACKPrice of EURCAD is inside a Daily FVG. there has been a liquidity sweep and a change in the state of price delivery. Now we expect to see higher prices up to 1.4780. hopefully, the NFP news will fuel this price movement.
EUR/CADSimple and Clean Buy Trade setup..
Expecting upside movement as per plan..
wait for BOS in LTF the Buy
EURCAD H2Hello
Here we have the EURCAD chart in the two-hour time frame, which has broken the downward channel price, and we expect the price in the retrace to reach the support area of 0.46300 and continue its upward trend until the key point of 0.46795. And in case of breaking the resistance zone with suitable candles, we will consider the continuation of the upward trend
EURCAD A Fall Expected! SELL!
My dear followers,
This is my opinion on the EURCAD next move:
The asset is approaching an important pivot point 1.4653
Bias - Bearish
Safe Stop Loss - 1.4675
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.4619
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Sell EURCAD Ascending TriangleThe EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern.
Potential Short Trade :
Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to decline.
Target Levels:
1.4655: This represents the height of the triangle, measured from the apex (highest point) to the base (horizontal line), projected downwards from the breakout point.
1.4630: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the triangle, ideally with some buffer around 1.4732. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
EURCAD - Double Top Pattern - 02/05/2024EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal.
Trade Plan: Short
Entry: 1.46732
SL: 1.47302
TP1: 1.46162
TP2: 1.45590
Opportunity: EURCAD Buys. Opportunity: EURCAD Buys.
I have set a buy stop @ 1.46900
SL @ 1.46550
TP1 @ 1.47896
From this pair I see a continuation of the bullish pattern to give us new monthly highs. The final TP is @ 1.49150 area, because this is an area of imbalance, supply zone, Fibo golden zone and would be a quarterly high.
5/1/24 - EURCAD BUYEURCAD
NY pre-session set up.
waiting to see if $ will hit original tp from the first trade
$ used a london demand for a quick 20 pip push to tp
EUR/CAD - Congestion.. You can see the consolidation very clearly!
But it had its respective manipulation from the bottom...
As you can see now we have enough liquidity at the top!
That means that we are waiting for some good buys to be able to liquidate that zone...
Keep it Simple!
If you liked it, don't forget to follow me! :)
EURCAD: Bearish Continuation & Short Trade
EURCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry - 1.4699
Sl - 1.4728
Tp - 1.4647
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EUR/CAD SHORT FROM RESISTANCE
Hello,Friends!
EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.463 area.
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EURCAD SELLPossible Setup. Higher TF is bearish based on price action. Market reacting to a daily structure + 4HR reversal pattern.
Let's see if the sellers are in for the downside
CADEURLiquidity sweeps in the morning session for CADEUR. The London session might give a good sell off targeting Asian lows.
NB: Win or Lose You got to show up everyday.
Sell EURCAD Channel BreakoutThe EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level of the channel, ideally around 1.4660 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones:
1.4616: This represents the first level of support within the channel.
1.4588: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.4682. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
EURCAD Short Trade Setup A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉.
This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.46000 psychological level and possibly testing the strength of the 1.45782 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
EURCAD Potential DownsidesHey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47500 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.47500 support and resistance area.
Trade safe, Joe.
EURCAD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
